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Daily news and top headlines for manufacturing professionals

Police: Indian Factory Workers Kill CEO

June 16, 2014 11:29 am | by Prasanta Paul, Associated Press | News | Comments

An angry mob of Indian workers wielding iron rods and stones beat the CEO of a jute factory to death in a dispute over increasing their working hours, police said Monday after arresting six workers.           

Nuclear Industry Developing Accident-Resistant Fuel

June 16, 2014 8:01 am | by Ray Henry, Associated Press | News | Comments

Researchers are trying to develop tougher types of fuel that might reduce the damage during extreme events like the one at the Fukushima Dai-ichi nuclear plant.                  

Medtronic Buying Irish Medical Device Maker

June 16, 2014 7:46 am | by Josh Boak, AP Business Writer | News | Comments

U.S. medical device manufacturer Medtronic announced Sunday night that it has agreed to buy Ireland-based competitor Covidien for $42.9 billion in cash and stock.                 

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Australia Tight-Lipped On Funding For MH370 Search

June 13, 2014 2:20 pm | by Rod McGuirk, Associated Press | News | Comments

Australian Transport Minister Warren Truss declined to say Friday whether the country was even considering an even split of the bill for a search that will take months, if not years, and cost tens of millions of dollars at a minimum.     

China Plans To Help Baby Formula Producers

June 13, 2014 8:11 am | by Joe McDonald, AP Business Writer | News | Comments

China's government announced plans Friday to build up a handful of large producers of infant formula in its latest effort to revive an industry that is reeling from a scandal over tainted milk.            

Police: 6 Killed At India Steel Plant

June 13, 2014 8:05 am | by Indrajit Singh, Associated Press | News | Comments

At least six people were killed and 29 more injured in an explosion and a subsequent gas pipeline leak on Thursday at a government-run steel plant in central India, a plant spokesman said.                

EU Court Upholds $1.4B Intel Fine

June 12, 2014 10:56 am | News | Comments

A European Union court on Thursday upheld a $1.4 billion fine against the American microchip manufacturer for abusing its dominant position in the market for computer central processing units.              

Japan, Australia To Jointly Develop Stealth Technology

June 12, 2014 8:09 am | by Mari Yamaguchi, Associated Press | News | Comments

The research aims to develop faster submarines with reduced water resistance and quieter propellers, Japanese defense officials said earlier this week. But the joint research will not necessarily lead to the sale of Japanese submarines to Australia.   

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Boeing Inks 777X Deal With Japanese Suppliers

June 12, 2014 7:59 am | by Yuri Kageyama, AP Business Writer | News | Comments

Boeing inked a deal Thursday for five Japanese companies to manufacture key components for its twin aisle 777X jets but the contract doesn't include making the wings, which were a source of delays for the 787 Dreamliner.       

Africa's Female Entrepreneurs Take The Lead

June 11, 2014 11:48 am | by Rodney Muhumuza, Associated Press | News | Comments

About 63 percent of women in the non-agricultural labor force are self-employed in the informal sector in Africa, more than twice the worldwide rate, according to World Bank data, which also shows that necessity is the main driving force behind female entrepreneurship in poor countries.

Google Helps Open New Home For Startups In Germany

June 11, 2014 11:08 am | News | Comments

Internet entrepreneurs have received a new home in Berlin with the opening of the "Factory" — a workspace developed in partnership with Google Inc. that allows startups to innovate and collaborate under one roof.          

EU Investigates Apple, Fiat Tax Deals

June 11, 2014 10:20 am | by Toby Sterling, Associated Press | News | Comments

The EU's antitrust regulator has launched an investigation into tax deals that Apple, Starbucks and Fiat struck with some European countries, the start of a wider push to keep multinationals from taking advantage of loopholes.          

Mitsubishi, Siemens Mull Joint Alstom Bid

June 11, 2014 8:45 am | News | Comments

Japan's Mitsubishi Heavy Industries and German rival Siemens AG say they are considering making a joint bid for parts of French engineering firm Alstom.                  

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Toyota Expands Recall For Air Bag Problem

June 11, 2014 8:16 am | News | Comments

Toyota Motor Corp. is recalling nearly 650,000 vehicles in Japan and repeating a recall for problems with front passenger air bag inflators announced last year, seeking to fix some 2.27 million vehicles.            

Chinese Auto Sales Rise But Domestic Brands Lag

June 10, 2014 3:16 pm | by Joe McDonald, AP Business Writer | News | Comments

Sales in the world's biggest auto market accelerated in May but domestic Chinese brands lagged and their market share shrank, an industry group reported Tuesday.                 

Philippines Might Make Smoking Warnings Graphic

June 10, 2014 10:26 am | News | Comments

The illustrations, which could include pictures of cancerous lungs and throats, will occupy the lower half of the front and back panels of a cigarette pack. The current warning contains only words, saying that smoking is dangerous.     

Nissan Launching Datsun-Brand Hatchback In South Africa

June 10, 2014 8:26 am | News | Comments

The five-seat GO hatchback is designed for first-time middle-income buyers, selling for some $9,300 or less. The vehicle will be exported from India.                  

Fire Damages Thai Petrochemical Plant

June 9, 2014 2:52 pm | News | Comments

A fire damaged a petrochemical plant in eastern Thailand on Monday, sending smoke billowing for kilometers (miles) and forcing nearby residents to flee their homes.                     

Chinese Exports Rise, Imports Slip

June 9, 2014 10:49 am | News | Comments

China says its export growth accelerated in May but imports dipped in a mixed sign for the world's second-biggest economy.                      

Chinese Group Uses App To Shame Polluters

June 9, 2014 8:11 am | News | Comments

A Chinese environmental group launched a smartphone app that tracks and shames polluting factories, highlighting how the country is making environmental data more available and is welcoming public monitoring of companies that pollute.     

Roll-Royce Opening Luxury Car Showroom In Cambodia

June 9, 2014 7:50 am | News | Comments

Fabled luxury car maker Rolls-Royce will soon be marketing its goods in one of the world's poorest countries.                          

Manufacturing.net Rewind: Indictment For Glock; Incompetence At GM

June 6, 2014 12:36 pm | News | Comments

Check out some of this week's top headlines from across Manufacturing.net, from the GM recall report that blames incompetence and negligence for the recall that led to 13 deaths to an indictment for a gun dealer and Glock executives over $1 million in bribes and kickbacks.

German Spy Agency Comes Clean

June 6, 2014 8:26 am | by Frank Jordans, Associated Press | News | Comments

Germany's foreign intelligence agency officially lifted the lid on some of its worst-kept secrets Friday, acknowledging that half a dozen facilities around the country are in fact spy stations — as anyone with Internet access could already figure out.

Blast Rocks Kosovo Power Plant

June 6, 2014 8:15 am | by Sylejman Kllokoqi, Associated Press | News | Comments

A huge explosion rocked Kosovo's main power plant Friday, killing at least three people and injuring more than a dozen, a government official told The Associated Press Friday.                    

Former Japanese Exec Indicted For Price-Fixing

June 6, 2014 8:04 am | News | Comments

The U.S. Justice Department says a grand jury has indicted a former executive at a Japanese auto parts maker on accusations that he helped fix the prices of seatbelts sold to leading Japanese automakers.         

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